Browse Symbol Stacks: $BTC: slopechart_$BTC.jpg

slopechart_$BTC.jpg

The (not really) Daily Blipper 

I'll go with "I bet I am not the only knucklehead that drew that trendline." and call it good. 

I am not feeling the forecaster vibe today. 

Maybe we have an interim bottom, maybe we don't.

Image added via SlopeCharts
slopechart_$BTC.jpg

Comments

Mr. WizardMr. Wizard
Sandunes, if you draw that chart using the bodies instead of the wicks, it's a clear breakout. I usually do both and compare.  
Which one is more correct here, beats me. 1 week 5 days ago
sandunessandunes
I like that idea and have stuck to it in the past. After monkeying with crypto markets the wicks seemed to make more sense. Those markets take their volatility seriously, or as reality, in my opinion. 
 
We'll find out soon enough. 1 week 5 days ago
zu5af22105d4fd8zu5af22105d4fd8
@Mr. Wizard, I like line charts rather than using the body of a candle on longer time frames. Wicks seem more useful on short time frames like day trading futures. Just another filter to apply to the analysis. 1 week 5 days ago
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sandunes
  • By: sandunes
  • 1 week 5 days ago
  • On: 7/14/24 5:18AM

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